# PPP loan: M D STAINLESS SERVICES INC
> **$451K** approved 04/16/2020 · Paid in Full · Loan `2568817210`
## Borrower
- **Name:** M D STAINLESS SERVICES INC
- **Address:** 8241 PHLOX ST, DOWNEY, CA, 90241
- **NAICS:** 331110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $455K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 33
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*